Davies Edwards Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 7434755

Davies Edwards Limited

Filleted Unaudited Financial Statements

30 November 2025

Davies Edwards Limited

Financial Statements

Year ended 30 November 2025

Contents	Pages

Statement of financial position	1

Notes to the financial statements	2 to 4

Davies Edwards Limited

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	140,754	144,776

Current assets

Debtors	7	28,189	5,926
Cash at bank and in hand		30,094	44,565
		--------	--------
		58,283	50,491

Creditors: amounts falling due within one year	8	( 34,125)	( 19,953)
		--------	--------
Net current assets		24,158	30,538
		---------	---------
Total assets less current liabilities		164,912	175,314

Creditors: amounts falling due after more than one year	9	( 22,771)	( 28,595)
		---------	---------
Net assets		142,141	146,719
		---------	---------

Capital and reserves

Called up share capital	10	4	4
Profit and loss account		142,137	146,715
		---------	---------
Shareholders funds		142,141	146,719
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 21 April 2026 , and are signed on behalf of the board by:

Mr L Edwards
Director

Company registration number: 7434755

Davies Edwards Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 9, Thornton Industrial Trading Estate, Milford Haven, Pembrokeshire, SA73 2RX, Wales.

2. Statement of compliance

These financial statements have been prepared in accordance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Freehold Property	-	2% straight line

No depreciation is provided on Freehold Land.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: Nil).

5. Tax on loss

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	–	584
	----	----
Tax on loss	–	584
	----	----

6. Tangible assets

	Freehold Property
	£
Cost
At 1 December 2024 and 30 November 2025	201,077
	---------
Depreciation
At 1 December 2024	56,301
Charge for the year	4,022
	---------
At 30 November 2025	60,323
	---------
Carrying amount
At 30 November 2025	140,754
	---------
At 30 November 2024	144,776
	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	25,411	5,210
Other debtors	2,778	716
	--------	-------
	28,189	5,926
	--------	-------

Other debtors include an amount of £nil (2024 - £nil) falling due after more than one year.

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts (secured)	5,882	5,882
Trade creditors	14,308	1,228
Corporation tax	584	857
Social security and other taxes	2,882	–
Other creditors	10,469	11,986
	--------	--------
	34,125	19,953
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts (secured)	22,771	28,595
	--------	--------

The bank facilities are secured by a Debenture dated 29 December 2010 and a Legal Mortgage dated 27 January 2011, held by HSBC Bank Plc over the assets of the company.

Included within creditors: amounts falling due after more than one year is an amount of £Nil (2024: £5,066) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	4	4	4	4
	----	----	----	----

11. Related party transactions

The company was under the control of Mr RL Edwards throughout the current and previous year by viture of his shareholding, until 9 May 2025 when the company became under the control of Mr L Edwards . No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.